Electronic signature technology is used to provide an legally binding, trusted layer of security to agreements, contracts and other important documents. Through automation of business processes, electronic signatures help reduce turnaround time while saving money and improving efficiency. They aid businesses in complying with state, federal and industry-specific requirements.

There are a number of different types of e-signature technologies however the most secure options are certificates-based digital signatures that meet the strict standards of many heavily regulated countries and industries. These e-signature services use public key Infrastructure (PKI) to create a signature certificate that is linked to the signer’s electronic ID. It’s this link that authenticates the signature, assuring that only the signer has access to the private key which validates the signature.

Aside from the added security, these types of e-signatures also come with numerous other advantages that allow them to stand out from more basic alternatives. They include audit trails, encryption and other security features in the backend that aid in ensuring authenticity. They also can include pen-like strokes and ink for a more familiar appearance.

Apart from speeding processes and eliminating the requirement for paper, e signatures can also be used to enhance the effectiveness of teams and also to delight employees, customers and other stakeholders by providing seamless and paper-free experiences that are easy to use on any device. Certain e-signature solutions include, for instance, bulk signing, which allows senior stakeholders to sign standard contracts in only a couple of seconds using a couple of clicks.

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